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Brown Cafe UPS Forum
UPS Retirement Topics
The truth about the new UPS/IBT pension plan
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<blockquote data-quote="sawdusttv" data-source="post: 264793" data-attributes="member: 7476"><p>Tie,</p><p> Is it misinformation because you say it is?</p><p> </p><p>You do bring up one point here that I would like to explore deeper. </p><p> You said it appears CS over extended or over spent their means at the time.</p><p> This is one point, while I thing that it is true, I feel that UPS would have known this. Being that they had members on the CS board. Not to mention that UPS being the financial GIANT that they are, keep track of were there money goes to the penny. There is no doubt in my mind that UPS was aware that CS was over extendings themselves with the match offer, and it should have been the companies obligation to bring this financial short coming to the employees attention.</p><p> That is if UPS truly cares about us and our best interest as you so often state!</p></blockquote><p></p>
[QUOTE="sawdusttv, post: 264793, member: 7476"] Tie, Is it misinformation because you say it is? You do bring up one point here that I would like to explore deeper. You said it appears CS over extended or over spent their means at the time. This is one point, while I thing that it is true, I feel that UPS would have known this. Being that they had members on the CS board. Not to mention that UPS being the financial GIANT that they are, keep track of were there money goes to the penny. There is no doubt in my mind that UPS was aware that CS was over extendings themselves with the match offer, and it should have been the companies obligation to bring this financial short coming to the employees attention. That is if UPS truly cares about us and our best interest as you so often state! [/QUOTE]
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